05/15/21 Galaxy recovery fueled by premium-mass play, analysts say Galaxy Entertainment showed high levels of hotel occupancy and sales during the Labour Day break in Macau.
05/14/21 APE revenue down 15.3% in Q1 Asia Pioneer Entertainment Holdings (APE) has reported a net loss of HKD4.34m (US$558,989) for the first quarter of the year.
05/13/21 Galaxy Entertainment revenue up 5.6% in Q1 Galaxy Entertainment has experienced a slight recovery in gaming revenue thanks to the increase in visitor arrivals.
05/13/21 Macau: SJM raises US$160m from new senior notes SJM Holdings has announced it has raised nearly HK$1.24bn (US$160m) and MOP298m (US$12.3m) after the issuance of senior notes due 2026.
05/13/21 Japan: Suncity Group withdraws from Wakayama IR bid Wakayama’s IR bid is at risk after Suncity Group’s decision to pull out of the process.
05/13/21 Success Universe invests in Bitcoin The casino operator seeks to diversify the group’s investment portfolio with an acquisition of 23.4 units of Bitcoin.
05/13/21 Paradise Co posts losses of US$16.2m for Q1 Paradise Co has reported a loss of KRW18.2bn (US$16.2m) for the first quarter of the year.
05/13/21 Sands China occupancy reaches 90% over Labour Day break Sands China’s president, Wilfred Wong, has revealed that the occupancy rate and tourist spending was up during the Labour Day break.
05/12/21 Wynn Macau reports US$417m revenue for Q1 Wynn’s two Macau properties have reported nearly US$417m in operating revenue for the first quarter of the year.
05/12/21 Macau: Studio City to issue additional senior notes Studio City will issue additional senior notes to boost liquidity and raise cash for capital needs over the next 12 months.
05/12/21 Kangwon Land sales down 58.7% in Q1 Kangwon Land has reported a net loss of KRW40.9bn (US$36.6m) for the first quarter of the year.
05/12/21 GKL casino posts losses of US$33.4m for Q1 Grand Korea Leisure (GKL) has reported a net loss of KRW37.43bn (US$33.4m) for the first quarter of 2021.
05/11/21 Genting Hong Kong creditors to accept recapitalisation package Genting Hong Kong continues to deal with the impact of Covid-19 countermeasures.
05/10/21 Macau GGR hits US$563m for first nine days of May According to analysts, Macau’s casinos’ gross gaming revenue for the first nine days of May was up 79 per cent month-on-month.
05/10/21 Okura Holdings permanently closes two pachinko venues Okura Holdings will close two pachinko venues from May 10 due to poor financial performance since the outbreak of the Covid-19 pandemic.
